Doubleview Capital Corp. (TSXV:DBV) announced a non-brokered private placement of 5% convertible notes for gross proceeds of CAD 590,868 ($450,000) on January 31, 2017. The debenture carries a coupon of 5% per annum and would mature and be payable in 18 months from the date of issue. The debenture is convertible at holder’s option into units at an exercise price of CAD 0.10 per unit. Each unit will consist of one common share and three quarters of one share purchase warrant with each whole warrant entitling the holder to purchase one common share at a price of CAD 0.15 per share for a period of thirty months from the date of issue of the warrants. The transaction is subject to TSX Venture Exchange approval. The company will pay a fee equal to CAD 31,500 and 450,000 finders’ warrants in connection with the transaction. The conversion was made through www.oanda.com on January 31, 2017.